The Finance Minister Nirmala Sitharaman presented a growth-oriented fourth budget to the parliament today, with a focus on four pillars – Productivity, Climate Action, Financing Investment and PM Gati Shakti Yojana. In order to encourage private investment and development, capital expenditure has been increased by 35.4 percent to Rs 7.50 lakh crore in this budget. […]
The Court’s involvement in case of merger involved time and money so to promote the Ease of Doing Business significantly Fast Track Merger (“FTM”) was introduced; it was intended not only to reduce the time and money but to boost the operations by significantly reducing the legal aspect of Merger and amalgamation. Section 233 of […]
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“Value of a Trade Mark is directly proportional to your Aggression and Risk Ratio. ― Kalyan C. Kankanala, Fun IP, Fundamentals of Intellectual Property Trademark Registration Process in India is a process of securing the Company’s or Individual’s […]
Resident Welfare Associations Because of the enormous development of residential colonies, we can see resident welfare associations (RWAs), although not in practice rules and regulations about it falls under Societies Registration Act,1860 (in every state the Act may have state-level amendments since every Resident Welfare Associations (RWAs) are typically registered under it. We can sum […]
Good news for all now the last date for filling your GST returns have been extended to 28th Feb from 31st December. As per the report The Central Board of Indirect Taxes and Customs (CBIC) extends the final date of filling the (GST) return for the fiscal 2020-21. The Tweet by CBIC stated that; “The […]
In awake of Omicron and Covid and the request from various stakeholders all over Ministry of corporate affairs has come up with extension for Filing of Annual Return and Filing of Financial statements up to 28th February 2022 and 15th February 2022 respectively. No additional fees apart from Normal Filing Fees shall be levied if the […]
Form 10 BD Statement & Certificate of Donation Since we are aware that section 80G of Income Tax act, 1961 gives deduction on payment of donations and till now to claim deduction donation receipts were sufficient but post-implementation of Form 10 BD and 10 DE for strengthening the transparency and accuracy for reconciling the statement […]
Foreigner Regional Registration office is the primary agency to regulate the registration, movement, stay, departure, and also for recommending the extension of stay of Foreign nationals in India. Most of the Multi-National Companies, Wholly Owned Subsidiaries of Foreign Companies, and Foreign Companies having branch office in India has foreign nationals as director on its Board of Directors. The […]
NGOs are designed for welfare and are operational for providing service to the needy. In such case of mass, welfare the budget becomes a major hindrance, the government on the other hand provide many facilities and providers to promote and uplift NGOs in India. 80G & 12A Registration are two such facilities provided to NGOs. So, let […]